El Salvador to Launch 1,000 Bitcoin ATMs for Purchase and Sale of BTC

By Ben Carey June 26, 2021 In Bitcoin, Bitcoin ATM

El Salvador is leading Bitcoin adoption in Central and South America, declaring it will launch 1,000 Bitcoin ATMs across the country for buying and selling BTC.

The 1,000 new Bitcoin ATMs will be installed by Athena Bitcoin, which has established a strong presence in the Bitcoin ATM market and currently operates across the US, Colombia, Argentina and El Salvador.

Ceremonial launch of Athena’s Bitcoin ATMs. Source: Athena Bitcoin

Earlier this month, El Salvador became the first country in the world to recognise Bitcoin as legal tender. President Nayib Bukele stating that his country is “adopting Bitcoin for the benefit of the people“. Bukele, who many see as a revolutionary, also announced plans for a volcano-powered Bitcoin mining facility.

The Rise of Crypto ATMs

Chainbytes, another crypto ATM company, is also keen to get in on the action. It recently announced that it wants to “make El Salvador the manufacturing hub of Bitcoin ATMs for all of the Americas”.


There are approximately 22,000 crypto ATMs operating in the world today. ATM installations have increased by over 10,000 in the past year alone. These numbers seem to be a reliable barometer for worldwide crypto adoption.

Source: Coin ATM Radar

In Australia, Bitcoin ATMs do exist but are very rare, and almost non-existent outside of the capital cities. But as worldwide crypto adoption surges forward, access to crypto ATMs in Australia should increase as well.

Ben Carey

Ben Carey

Ben Carey is a Brisbane-based writer, with a wide range of experience, from copywriting to game design and film and tv scriptwriting. He's been following, investing, and trading crypto since 2017. He has three lambos (in Gran Turismo), and can often be seen around town wearing a Bitcoin or Ethereum themed Christmas sweater.

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